ES Journal Archive (2009 - 2010)

Does anyone else have their eye on the long term fib at 1236 (1230 S&P), which is 62% from the all-time high of Oct. '07 to the March '09 low?

 

Some have slightly different numbers.

Reuters: S&P 500 ABOVE 61.8 PCT FIBONACCI RETRACEMENT OF 2007-2009 BEAR MARKET SLIDE AT 1,228.74

Edit: never mind, I hadn't seen your 1230 S&P :eek:

 

long 1231

 

I realize it's all the green and the red, but...

IMF admits Greece unable to pay back its rescue. Talk of postponing payment from 2014 to 2024

Irish Parliament votes on austerity budget in 30 minutes; it's expected to pass. Get your Guinness ready.

 

Gap number 14 and counting. I think this is breaking all "gap records"- ever initiated by PPT.

 

sh avg 20, cover 29 -9

 

spy monthly is everyone long yet?

 

Edit: budget to be presented in 5 minutes; vote later in the pm (my bad, apologies)

 

Nope. You forgot the Russian bond crisis. =)

 

so, anybody confortable holding overnight tonight with the Chinese about to hike rates?